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investments in the future. it takes investment in equipment and science education and infrastructure and so forth. the question many people don't want to consider is when we get those resources? i asked our research department of the would make a prediction from important the interest costs would be if we did nothing and the estimate without any explosion will was as follows. within 25 years or so, our interest costs would jump from about 1% of gdp to 12% of gdp or roughly four times the total investment made in r&d r&d fer, science jaish infrastructure. and if we ever permit that to happen, we will assure that we are going to have what i call a slow-growth crisis. please take over, this is your meeting. >> one thing i don't plan to be is an economics expert. i felt this way for years it's not just about the health of our economy, it's about around the world it's going to continue to eat at us and when you put in the kind of time bombs of was the intent. it was supposed to be so hammes that congress would never permit it to happen. it's stretched and stressed at the time. i'm one that set
. jekyll technology parts. >> science, technology, engineering and math are fundamental to the growth of the economy and the united states obviously has work to do, my oldest daughter is doing her doctorate in math. there's a substantial contribution to national security in any case. with respect to the dr. jekyll and mr. hyde bit, economic growth is fundamental and innovation is the key engine for that and freedom is the foundation for that. i think we will see this play out in interesting ways globally including within china, and as we work to have a very open system economically and take advantage of technology, we also need to look at what needs to be done to deal with the threats of not just cyber but biotech and so on and look at doing that in partnership, and the partners we look at, and a substantial conversation about the rules of the road in cyberspace, we do that with many others, a fundamental issue. >> got a little bit from global security, the issue of the islands is primarily an issue of energy, and we are seeing it all over the world today, we don't have good mechanism
Search Results 0 to 1 of about 2